Finance for Non-Financial Managers Workshop

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Tuesday, 2 October, 2018 - 09:00 to 16:00

Finance for Non-Financial Managers Workshop

Organiser

Coventry University Enterprises Business Solutions

Location

Ramada Hotel & Suites
The Butts, Earlsdon, Coventry CV1 3GG
United Kingdom
GB

CUE Ltd is offering a series of bespoke workshops through the Coventry and Warwickshire Innovative Place Test Bed project. The workshops are part-funded by the European Regional Development Fund.

This workshop aims to boost the competence of SME owner/managers in the theory and practical everyday use of key financial documents so that they can fully understand the financial dimensions of how to run a business better and in-turn be more confident in their business dealings.

The workshop covers:

  • I thought accounts were for accountants!
    • What are the key financial statements?
    • Why do they matter to me and my business?
    • What are they telling us; how to interpret them and how will others interpret them?
  • Profit and loss: 
    • A quick look at how each of the elements are treated that make up business income, expenditure and overheads.
  • The balance sheet in detail:
    • Taking a snapshot of your business – what can we learn?
  • The cashflow forecast: 
    • How to use common sense to build up a picture of our business future. The key difference between profit and cash, demonstrating the issues of working capital.

Delegates can expect to:

  • Emerge with a greater appreciation of the importance of financial management
  • Understand how to interpret financial reports
  • Learn the basic components of how to start to put together important financial reports
  • Use forecasting techniques to set budgets and performance targets
  • Monitor spending and performance
  • Consider, project and manage options for change

Refreshments and lunch is provided.

Additional eligibility checks will take place prior to the workshop

To be eligible for this workshop you must be:

  • An SME based in Coventry or Warwickshire
  • Registered with Companies House or have a Unique Tax Reference number (UTR)
  • Have an innovative product,service or idea to take to market
  • Able to commit to recieving a minimum of 12 hours of support from the project

Request your place

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